Venture capital firm DCM has launched the ‘A-Fund’ – a $100 million investment fund focused on startups and developers working on Google’s Android platform. The fund has backing from Japanese mobile operator KDDI, Chinese internet firm Tencent and Japanese mobile social gaming firm Gree. “The rise of Android is a rare and massive opportunity — one that comes only once in a major tech cycle,” says DCM general partner David Chao. “The A-Fund will seek out the most promising companies enhancing and extending the rich open Android ecosystem – in mobile and beyond – including applications, services, and enabling technologies.” There are already similar funds for Apple’s iOS and Research In Motion’s BlackBerry ecosystems, and in a way, it’s surprising that it’s taken this long for Android to get one.

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